Philanthropist Amazon CEO Jeff Bezos Helps Homeless People

Amazon CEO Jeff
Bezos said on Tuesday there were 24 organizations that would receive a total of
US $ 97.5 million in grants from new philanthropic funds for their social
projects to help the homeless.

The news came a
week after Amazon’s decision to build their head quarter raised concerns about
the transfer of affordable housing in the two locations it chose to expand its
operations.

Even though, this
expansion could present 50,000 new jobs in 2 of their operational target
locations in the Long Island City neighborhood in Queens and the National
Landing neighborhood of Arlington.

Bezos, currently
the richest person in modern history, with a net worth of more than 125 billion
US dollars. Where Forbes estimates it has disbursed funds of up to 2 billion US
dollars “Day One Fund” in September.

At that time, Bezos
said funds would be shared between the Day 1 Families Fund with the aim of
helping homeless families and the Day 1 Academies Fund with the aim of creating
high-quality preschool projects for low-income communities.

Announcement on
Tuesday (11/20/2018) this local time quoted from CNBC is for the Day 1 Families
Fund. The 24 organizations that became the target of Bezos were spread in 16
states and the District of Columbia.

Keep in mind,
Jeffrey Bezos is an American businessman who has an important role in the
growth of e-commerce. He is the founder, president director and CEO of
Amazon.com. This company is engaged in online sales. He made this site a model
for online sales.

Bezos for 9
consecutive years entered the ranks of the richest people in the world despite
his changing position. The source of the money coffers comes from share
ownership on Amazon.com.

He was also
included in TIME magazine as Person of the Year in 1999. In 2008, he was chosen
by US News & World Report as one of the world’s best leaders. Bezos was
awarded an honorary doctorate from Carnegie Mellon University Science and
Technology. In 2011, he attended the Swiss 2011 Bilderberg conference in St.
Moritz Switzerland.